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Vol. 11: Issue 42 2009-10-14

INSIDE VIEW

Incentives for the Long Run: An Executive Compensation Plan That Looks Beyond the Next Quarter

The public outrage over bonuses paid to AIG executives, and resulting government proposals to cap pay at companies receiving federal bailouts, illustrate rising concerns about executive compensation. ...more

Thinking Beyond Hospitality - By Madigan Pratt

Seismic upheavals are leading to a paradigm shift in hospitality. Companies have clamped down on travel and the AIG effect has battered the meeting and convention business. Leisure travel is exhibiting anemic and last minute booking patterns. The Internet keeps bubbling along serving up what seems to be the social media flavor of the month. It's no surprise hospitality marketing professionals are thinking beyond hospitality. ...more

Front Desk Training Is The Key To Capturing More Walk-In Business - By Doug Kennedy

While many hotels have focused attention in recent years on helping reservations agents increase their sales effectiveness, many are still overlooking the numerous other sales opportunities that front desk sales associates encounter everyday. ...more

Training and the Cost Cutting Dilema during Tough Times - By Dr. Rick Johnson

Most company executives decide to spend money on training because it's popular, especially when economic times are good. There is a view that it's 'good,' and it's also something that responsible leaders are 'supposed to do' to prepare for the future. ...more

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FEATURED SITE

Travel Industry Statistics and Popular Destination Information - KAYAK

Find travel industry statistics and trend information. See changes in airline ticket and hotel purchasing behavior. Get information and market research about the travel industry.
...more

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FEATURED SUPPLIER

RevPar Guru

RevPar Guru provides hotels around the world with an alternative revenue management software solution, to manage revPAR intelligently and effectively, and deliver maximum profits.
...more

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FEATURED MAGAZINE

Global Finance Global Finance has been providing monthly news and analysis since 1987 about companies and financial institutions that do business around the world.

Global Finance delivers the full story; corporate finance, joint ventures and M&A, country profiles, capital markets, investor relations, currencies, banking, risk management, custody, direct investment, money management and all the rest-specifically tailored for corporate readers around the world.

more info


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ENVIRONMENT

Most Environmentally Advanced Motel 6 Yet Opens in Northlake, Texas - By Glenn Hasek

The greenest Motel 6 yet has opened here in Northlake, Texas, diagonally across from Texas Motor Speedway and just a short distance from Alliance Airport. ...more

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HEADLINES

Most viewed headlines this past week at Hotel News Resource. Click on the title to read.

Available All the Time: Etiquette for the Social Networking Age

HVS Publishes 2009 Mid-Year Survey of Major and Mid-Market U.S. Hotel Transactions

The 20% Solution to Increased Market Share and Revenue - By Carol Verret

4 Quick Steps to Increase Electronic Sales and Optimize Online Bookings

Lessons from the Field - Recognizing the many ways to reach and influence potential guests - By John Hogan

USA TODAY Launches Travel Application For iPhone

Global Airline Capacity Up 1.04% But Growth Slowing Reports OAG, as October Figures Are Released

Timeshare Industry Proves Resilient

Italian Hotel Market Shrugs Off Recession

STR reports US performance for week ending 3 October 2009

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UPCOMING INDUSTRY EVENTS

ATTA
2009-10-19
Adventure Travel World Summit

Terrapinn
2009-10-19
Serviced Apartments Asia 2009

Hotel Technology Next Generation
2009-10-19
HTNG European Members' Meeting & Conference

WWA
2009-10-20
WWA Symposium & Trade Show

International Hotel Conference
2009-10-21
International Hotel Conference

Messe Berlin GmbH
2009-10-21
ITB Asia

Koelnmesse Pte Ltd
2009-10-22
Wine & Gourmet ASIA 2008

AHRE - Assoc. Hospitality Recruiting Executives
2009-10-22
Association of Hospitality Recruiting Executives (AHRE) Conference

AHRE - Assoc. Hospitality Recruiting Conference
2009-10-22
Assoc. Hospitality Recruiting Conference

ACTE
2009-10-25
ACTE Global Education Conference

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FEATURED BOOK

Hotel Internal Control Guide

A well-run hospitality operation doesn’t happen by chance. Behind the scenes, good internal controls in accounting and administration are silently at work ensuring fiscal accuracy and operational efficiency. This guide lets you in on these controls and what may happen if they are not in place. Highlights: Financial, Operational, and Fraud Auditing, Room Revenue, Food and Beverage Revenue, Food and Beverage Costs, Purchasing, Payroll, Loss Prevention/Risk Management, Management Information Systems.
...more

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 Departments

Click on the department to go directly to these news items.

 .  INSIDE VIEW

 .  FEATURED SITE

 .  FEATURED SUPPLIER

 .  FEATURED MAGAZINE

 .  ENVIRONMENT

 .  HEADLINES

 .  INDUSTRY EVENTS

 .  FEATURED BOOK

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